Biden has banned new offshore oil drilling along the Atlantic and Pacific coasts of the USA, and it will be difficult for Trump to reverse this decision.

① Biden has permanently prohibited oil companies from obtaining new Oil & Gas drilling leases in approximately 0.625 billion acres of offshore waters; ② The US Energy industry has expressed dissatisfaction and called on Trump to use all tools to overturn this policy; ③ Due to legal restrictions, Trump finds it difficult to simply reverse Biden's decision, while some Republican politicians in coastal states also support this policy.

cls.cnJan 6 21:35

Occidental Petroleum Options Spot-On: On January 7th, 105.35K Contracts Were Traded, With 1.18 Million Open Interest

On January 7th ET, $Occidental Petroleum(OXY.US)$ had active options trading, with a total trading volume of 105.35K options for the day, of which put options accounted for 29.41% of the total

Futu News22minutes ago

Crude Futures Resume Rally After Pullback -- Market Talk

WSJJan 7 22:41

Is Occidental Petroleum Corporation's (NYSE:OXY) Latest Stock Performance A Reflection Of Its Financial Health?

Yahoo FinanceJan 7 22:00

Oil Price Rises at the Start of the Year – Commerzbank

FXStreetJan 7 21:11

Trade routes are being reshuffled, Global Crude Oil Product exports are declining! Who is the winner?

The global oil trade map is being redrawn, uncertainty and volatility have become the new normal, and 2019 was the last "normal" year...

Golden10 DataJan 7 18:19